DeFI News by Thebittimes.Com

The cryptocurrency market is experiencing a massive correction today. Pi Coin (Pi Network/PI) has been facing a similar fate over the last few months. The coin experienced a surge in popularity earlier this year, hitting an all-time high of $2.99 on Feb. 26. Pi Coin’s (PI) price has seen a 90.1% crash since its February peak. According to CoinGecko, PI’s price has fallen by 17.3% in the last 24 hours, 15.5% over the last week, 15.2% in the 14-day charts, and 18.2% over the previous month. Let’s discuss if PI has lost its momentum, and if the hype around the project has died. Source: CoinGecko Has Pi Coin Lost the Hype After a 90% Price Crash? Source: Bankless Times While Pi Coin (PI) was rallying in late February, the larger crypto market was facing a correction. The divergent trend could mean that PI’s rally was not due to a bullish market. PI’s rally and popularity were tied to online buzz and speculation. The lack of hype is a major factor for PI losing ...

Right now, the Pi Network Binance listing rumors are getting louder, and honestly, it’s not just talk this time. At the time of writing, Pi Coin has shot up 6.7% to $0.62, which is pretty significant when you consider trading volumes have also spiked to around $124 million. What’s really interesting is that this price movement comes right as we’re hearing about Binance possibly testing Pi deposits and withdrawals —not to mention there’s that big Pi Network ecosystem announcement coming on May 14. Source: CoinGecko Also Read: BlackRock To Invest in XRP? High Net-Worth People Want Cryptocurrencies Will Binance List Pi Coin? Price Surge, Deposit Tests, and May 14 Update Explained Source: Watcher Guru So here’s the thing—Pi Coin struggled below $0.60 for weeks before finally breaking out of its slump. The numbers show it’s been bouncing between $0.5775 and $0.6477 in just the last 24 hours, which tells us traders are definitely getting active ahead of whatever news might be coming....

Pi Coin’s price prediction for April 5th is pointing to a really significant breakthrough as cryptocurrency market analysts are currently tracking the digital asset’s movement. Also Read: Gold to Surge 10.7% by May 2025 – Safe-Haven Demand Drives Price to $3,448.54 Pi Coin’s April 5th Outlook: Market Trends, Forecasts & Key Signals Source: VRITIMES Pi Coin’s price stands at $0.691914 at the time of writing. As CoinCodex reveals, the market is displaying a neutral sentiment while the Fear & Greed Index actually reads 26, which is indicating “Fear” among cryptocurrency market participants. Pi Coin has recorded only 7 green days in the last month, with volatility measured at around 31.23%. The Pi Network ecosystem continues to develop despite these fluctuations, which many traders and investors see as kind of typical of the broader cryptocurrency market these days. Source: CoinCodex Following a bullish trend in the previous 30 days, analysts expect May t...